The State Pension

The State Pension will provide a source of income in old age. It is funded by National Insurance and everybody's entitlement is worked out by reference to the National Insurance contribution or credit record.

Contributions are payable on earnings (either as an employee or whilst self employed) and credits are given to those who receive Child Benefit, Jobseekers Allowance and certain Carer's Allowances or payments for anyone who cannot work due to illness or disability.

Since April 2016, the state pension works to pay a full amount to anyone who has a record of at least 35 years of Nl contributions or credits.

State pensions only come into payment on your State Pension age. Historically this was 65 for men and 60 for women, but it has been changing and will continue to do so. At the time of writing (June 2017) the calendar setting out the timetable for State Pension age changes is:

Date of birth Date of change State Pension Age - Men State Pension Age - Women
Up to 05/04/1950 Up to 05/04/2010 65 60
06/04/1950-05/12/1953 06/04/2010 - 05/12/2018 65 Rising from 60 to 65
06/12/1953 - 05/10/1954 06/12/2018 -05/10/2020 Rising from 65 to 66
06/10/1954 - 05/04/1960 06/10/2020-05/04/2026 66
06/04/1960 - 05/03/1961 06/04/2026 - 05/03/2028 Rising from 66 to 66 and 11 months
06/03/1961 - 05/04/1977 06/03/2028 - 05/04/2044 67
06/04/1977 - 05/04/1978 06/04/2044 - 05/04/2046 Rising from 67 to 68
After 05/04/1978 06/04/2066 onwards 68

The level of the state pension, the State Pension age and the mechanism by which the state pension is increased each April are likely to be subject to review by governments in the future.

You can find out more on state pension entitlements at and get an estimate of how much you are likely to be entitled to at